Market Updates
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© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
South Korea, Bolivia Sign MOU on International Greenhouse Gas Cuts Under Paris Agreement
South Korea will sign a memorandum of understanding with Bolivia to develop bilateral emissions‑reduction projects under Article 6 of the Paris Agreement. The framework covers joint project implementation, MRV, credit issuance, international transfer, and corresponding adjustments. A separate public‑private cooperation agreement supports a landfill gas‑to‑power project in Bolivia, helping operationalize mitigation efforts. The two governments plan to establish a joint committee and detailed rules, positioning the partnership as a policy tool to support both countries’ NDC targets through international carbon cooperation.
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#Article6, #ParisAgreement, #CarbonCredits, #MRV, #CorrespondingAdjustments, #NDC, #CarbonMarket
EU eyes rules excluding existing Corsia Phase 1 supply
A draft European Commission proposal could render all existing CORSIA Phase 1 (CP1) credits ineligible for EU airlines, significantly tightening eligibility rules. The plan would exclude credits from high forest, low deforestation (HFLD) projects and impose stricter limits on cookstove credits with high non‑renewable biomass factors, aligning with Article 6.4 standards. If adopted, only about 10% of current credits may remain eligible. The move is expected to sharply constrain supply, increasing uncertainty as airlines delay procurement pending regulatory clarity.
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#CORSIA, #CarbonCredits, #Aviation, #Article6, #Cookstoves, #ClimatePolicy, #CarbonMarket
Indonesia opens trial for carbon registry ahead of July rollout
Indonesia has invited carbon project developers to participate in trials of its new Carbon Unit Registry System (SRUK), which is expected to begin operations in July. The pilot aims to accelerate the launch of Indonesia’s carbon trading market and address persistent climate‑finance gaps. Officials highlighted carbon markets as a key tool to mobilize funding, noting Indonesia faces a significant shortfall in climate financing. The initiative has received international support, including cooperation with the UK, as Indonesia moves to build a credible and transparent carbon‑market ecosystem.
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#CarbonMarket, #CarbonRegistry, #ClimateFinance, #Transparency, #NDC, #EnergyTransition
Japan announces 10-billion-dollar aid to strengthen energy supply in Asia
Japan has announced a $10 billion support package to strengthen energy security across Asia and secure supplies of petroleum‑based medical products, amid heightened risks. Unveiled under the POWERR Asia framework at the AZEC Plus summit, the initiative will help regional economies diversify crude oil sourcing, boost strategic stockpiling, and ensure stable supply chains. The program reflects Japan’s push to enhance regional energy resilience through coordination, financing support, and shared stockpile management systems.
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#EnergySecurity, #Asia, #AZEC, #OilSupply, #StrategicStockpile, #EnergyResilience, #SupplyChain
Malaysia raises biodiesel mandate to B15 amid regional energy supply crisis
Malaysia will raise its biodiesel blending mandate from B10 to B15, starting with an interim B12 rollout, to strengthen energy security amid fuel supply disruptions linked to the Middle East crisis. The move can be implemented immediately using existing infrastructure and aims to reduce reliance on imported diesel while utilizing idle domestic biodiesel capacity. Malaysia’s biodiesel sector currently operates at around 58% capacity, and the policy shift is expected to support local palm oil producers and align with regional trends, following Indonesia’s move toward a B50 mandate.
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#Biodiesel, #EnergySecurity, #PalmOil, #Biofuels, #EnergyTransition, #Indonesia
Paraguay expects over US$1 billion in Singapore carbon credit investments
Paraguay expects carbon credit investments from Singapore to exceed $1 billion, following a bilateral cooperation framework under Article 6 of the Paris Agreement. The partnership enables cross‑border credit transfers with safeguards against double counting and includes revenue sharing for climate adaptation. Singapore has already procured credits from Paraguayan nature‑based projects and views the country as a key supplier. The deal supports Paraguay’s ambition to scale its carbon market while positioning Singapore as a regional carbon trading hub amid rising carbon prices.
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#CarbonCredits, #Article6, #ParisAgreement, #CarbonMarket, #NatureBasedSolutions, #CorrespondingAdjustments, #ClimateFinance
UK Launches Pilot To Advance CO2 Transport Beyond Pipelines
The UK Department for Energy Security and Net Zero has launched a Non‑Pipeline Transport (NPT) Pathfinder to explore alternative CO₂ transport methods, including road, rail, and shipping, as part of its CCUS scale‑up strategy. The pilot aims to complement pipeline infrastructure, lower barriers for emitters located far from networks, and increase system flexibility. While limited in scope, the initiative will generate early insights to inform future policy, supporting the UK’s broader £9.4 billion CCUS investment and industrial decarbonization goals.
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#CCUS, #CCS, #CO2Transport, #Decarbonisation, #NetZero, #IndustrialDecarbonisation, #EnergyPolicy
First CBAM price announced: €75.36 per tonne CO₂ (Q1 2026)
The European Commission has released the first official CBAM certificate price, set at €75.36 per tonne of CO₂ for Q1 2026, marking a shift from reporting to real financial exposure. Based on the EU ETS average price, the benchmark allows companies to quantify carbon costs, model scenarios, and inform sourcing and investment decisions. Although certificate purchases begin in 2027, quarterly pricing signals rising pressure on importers of CBAM goods to integrate carbon costs into procurement, pricing, and decarbonization strategies.
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#CBAM, #EU, #ETS, #CarbonPricing, #CarbonTariff, #Decarbonisation, #ClimatePolicy, #TradePolicy
Vietnam opens door to international carbon credit trading
The Vietnamese Government has introduced a legal framework allowing the sale and transfer of carbon credits to international markets for the first time, creating a new revenue stream for the state and businesses while supporting emissions reduction commitments.
Under the regulation, international exchanges must comply with the Paris Agreement, transparency via a national registry, and safeguards against double counting through corresponding adjustments.
Notably, all international exchanges must be recorded and publicly disclosed on Vietnam’s national registry system. The sale of emission reduction outcomes and carbon credits from public investment programmes and projects requires consultation with relevant line ministries.
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#CarbonCredits, #CarbonMarket, #ParisAgreement, #CorrespondingAdjustments, #NDC, #ClimatePolicy, #Transparency
Online platform service launched to provide support on EU carbon tariffs
Taiwan has launched an International CBAM Service Platform to help domestic industries prepare for the EU’s Carbon Border Adjustment Mechanism, which imposes carbon tariffs on imports including steel, cement, aluminum, and hydrogen. Officials estimate around 2,600 Taiwanese firms, mainly steel and metal‑processing SMEs, will be affected. The platform provides regulatory updates, emissions calculations, verification support, and carbon fee offset guidance. The government is also advancing domestic carbon pricing and CCS projects to strengthen competitiveness and reduce exposure to EU carbon costs.
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#CBAM, #EU, #CarbonPricing, #CarbonTariff, #Steel, #CCS, #EnergyTransition, #ClimatePolicy